Commercial Banks to follow Basel II for Risk Management
Q. Which of the following are to be followed by Commercial Banks for risk management?- Published on 20 Jul 15
a. Basel II norms
b. Basel III norms
c. Basel I norms
d. Solvency II norms
ANSWER: Basel II norms
Basel II is the second of the Basel Accords which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.